IROBOT CORP. - Daily - Technical analysis published on 12/23/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Slightly bearish
Technical indicators
83%
6%
11%
My opinion
Bullish above 47.60 USD
My targets
55.51 USD (+10.18%)
57.06 USD (+13.26%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for IROBOT CORP. as long as the price remains well above 47.60 USD. The buyers” bullish objective is set at 55.51 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 57.06 USD. If there is any crossing, the next objective would be the resistance located at 75.45 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 55.51 USD. On this resistance, against the trend traders who would like to go short on IROBOT CORP. with a bearish signal from their trading strategy, should not hesitate to act.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
2.9
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
IROBOT CORP. rating 50.38 USD. The price is lower by -0.81% since the last closing and was between 49.88 USD and 51.12 USD. This implies that the price is at +1.00% from its lowest and at -1.45% from its highest.49.88
51.12
50.38
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by IROBOT CORP.:
Technical
Technical analysis of IROBOT CORP. in Daily shows an overall slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
CCI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Three white soldiers
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 28.21 | 38.32 | 47.60 | 50.38 | 57.06 | 75.45 | 93.86 |
| Change (%) | -44.01% | -23.94% | -5.52% | - | +13.26% | +49.76% | +86.30% |
| Change | -22.17 | -12.06 | -2.78 | - | +6.68 | +25.07 | +43.48 |
| Level | Intermediate | Major | Major | - | Major | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 48.66 | 49.12 | 49.96 | 50.42 | 51.25 | 51.71 | 52.55 |
| Camarilla | 50.43 | 50.55 | 50.67 | 50.79 | 50.91 | 51.03 | 51.15 |
| Woodie | 48.85 | 49.22 | 50.14 | 50.51 | 51.44 | 51.81 | 52.73 |
| Fibonacci | 49.12 | 49.62 | 49.92 | 50.42 | 50.91 | 51.22 | 51.71 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 39.33 | 42.10 | 44.46 | 47.23 | 49.59 | 52.36 | 54.72 |
| Camarilla | 45.42 | 45.89 | 46.36 | 46.83 | 47.30 | 47.77 | 48.24 |
| Woodie | 39.14 | 42.00 | 44.27 | 47.13 | 49.40 | 52.26 | 54.53 |
| Fibonacci | 42.10 | 44.06 | 45.27 | 47.23 | 49.19 | 50.40 | 52.36 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 31.05 | 37.03 | 40.29 | 46.27 | 49.53 | 55.51 | 58.77 |
| Camarilla | 41.02 | 41.87 | 42.71 | 43.56 | 44.41 | 45.25 | 46.10 |
| Woodie | 29.70 | 36.35 | 38.94 | 45.59 | 48.18 | 54.83 | 57.42 |
| Fibonacci | 37.03 | 40.56 | 42.74 | 46.27 | 49.80 | 51.98 | 55.51 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 59.71 | |
| MACD (12,26,9): | 0.4900 | |
| Directional Movement: | 13.21 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 47.96 | |
| Parabolic SAR (0,02-0,02-0,2): | 44.41 | |
| Elder Ray (13): | 2.21 | |
| Super Trend (3,10): | 45.12 | |
| Zig ZAG (10): | 50.38 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 96.48 | |
| TEMA (21): | 50.00 | |
| Williams %R (14): | -8.54 | |
| Chande Momentum Oscillator (20): | 6.13 | |
| Repulse (5,40,3): | 3.1800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1200 | |
| Courbe Coppock: | 20.36 |
| MA7: | 49.44 | |
| MA20: | 46.67 | |
| MA50: | 48.81 | |
| MA100: | 55.90 | |
| MAexp7: | 49.34 | |
| MAexp20: | 47.85 | |
| MAexp50: | 50.14 | |
| MAexp100: | 57.63 | |
| Price / MA7: | +1.90% | |
| Price / MA20: | +7.95% | |
| Price / MA50: | +3.22% | |
| Price / MA100: | -9.87% | |
| Price / MAexp7: | +2.11% | |
| Price / MAexp20: | +5.29% | |
| Price / MAexp50: | +0.48% | |
| Price / MAexp100: | -12.58% |
News
Don"t forget to follow the news on IROBOT CORP.. At the time of publication of this analysis, the latest news was as follows:
- IROBOT 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuits Against iRobot Corporation - IRBT
- KESSLER TOPAZ MELTZER & CHECK, LLP Reminds Investors of December 23 Deadline in Class Action Lawsuit Against iRobot Corporation
- iRobot Announces Participation in Upcoming Raymond James 2019 Technology Investors Conference
- iRobot Commences Manufacturing Operations in Malaysia
- SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in iRobot Corporation of Class Action Lawsuit and Upcoming Deadline - IRBT
This member declared not having a position on this financial instrument or a related financial instrument.
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